£50bn cash injection for UK economy
Updated on 06 August 2009
The Bank of England decides to pump another £50bn into the economy in a move which surprised even the City.

The move came because the recession appears to be deeper than previously thought.
It means a total of £175bn will have been spent on so-called quantitative easing to help restore the economy to health.
Another measure taken, the car scrappage scheme, seems to be working - with a small rise in vehicle sales in July.
But the car industry expects the money for the scheme to run out in the next few months.
